The number of bows that Penny makes per hour and the price the firm sells at shows that the value of the marginal product is $24.95 per hour.
The highest wage the firm will pay is $24.95 per hour.
<h3>What is the value of Penny's marginal product?</h3>
This can be found by the formula:
= Price x Marginal product of Penny
= 4.99 x 5
= $24.95 per hour
The highest wage the firm can pay would be the wage amount that equals their marginal revenue as this is the only way they can maximize profit.
Their marginal revenue in this case is the $24.95 per hour that they pay to Penny so this will be their highest wage to her as well.
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Answer:
5.34 x 10^-2
Step-by-step explanation:
Answer: C) Changing one or more properties of a sine wave in response to data.
Step-by-step explanation:
Modulation is primarily used in telecommunications sector. It the process by which data is transmitted via electrical signals. It is the process of imposing an input signal on to a wave carrier. It is the pillar of data communication that enables the use information carriers of signals that are electrical and optical. Altering the carrier/ periodic waveform results in Modulation. The amplitude frequency and phase are conveyed. There are different types of Modulation which includes: amplitude Modulation, frequency Modulation, and phase Modulation.
